Alea Research reports that Sky, BlackRock, and Circle collectively command half of the yield-bearing stablecoin market. The market comprises 26 products with a total size of $21.43 billion, with the top three — sUSDS (23.8%), BUIDL (16.7%), and USYC (12.7%) — accounting for 53.1% of the share.
Alea Research says Sky, BlackRock, and Circle together make up half of the yield-bearing stablecoin market. That market has 26 products and totals $21.43 billion. The three biggest names are sUSDS (23.8%), BUIDL (16.7%), and USYC (12.7%). Together, they control 53.1% of the market. The other 23 products divide up whatever is left.
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